22^ Prospectus' 1' 1' *' "*;t PbHo spc ctv s OFTHS AUCKLAND SHIPPING COMPANY (Limited), "CAPITAL!... ~ '..■''£l6o 000, In 30,000 Sharei o £5 Each. The Capital is to ba' called up as f Hows: 6$ per thare on application, 5b per share on allotment^ 5b per siare at interva's of three months, at require i, until £3 per share is paid up. • ' • v. r\ —— PBOVISIONAIi DIBE01OB8: Anderson, H. F^Esq. .Motton, U. B M Esq. " Aiofcin, Graves;" Esq. Mitchelsod,: X., KBq., Barber, H. P., Esq. W.H.R. Ttarr/R/C, Esq. McKenzie, D. B\, Eiq. Chambers, Jno., Beg. Musefiel 1 T. T., Eeq. -" > Oraijg, Jos.,*Esq. Natban, Ai,H., Esq. Dewar, A., Esq. * Owen, €h W., Esq. Greddet, J. M., Esq. Porter, A., Esq. Hardy, J. Esq. , Stone, C J^'^sq. , Holme, <Jeo., Eiq. Store, G,.8. f Esq. Harper, Geo.,Et<j. Tonk*, B.,'Esq. Hull, W. F., Esq. . Wilson, J. L., Esq. . Bbokbbb: " '■ , Broken' Acsooiation. . , - ' Ma»a<mngJDibsosob: C. B. Stone, Esq. SIOBXTABTr PBO TSM.: J. 0. Berger. The object of tbifCompany is to proride tonnage suitable to the growing trade of the • ~ -Fort of. Auckland, y eo that the imports and exports of oar pity may be as much as possible carried in iocaily ownkd vessels, and the shippiog basinets carried on by a pcbbl/T XOOAI COMBiHY. - i '■ sThe rates of freights current in this colony . compare most favorabljr wjith .those ruling in -*' neighttarftg Colonies,"and are as a rule suffi. oiently remunerative to leave a good profit, trading hence efttejrjoreign or intercolonial.. The acknowledged deily increasing comraormeroial importanoejpf Aooiland it a source of .gratification,.and Che shipping trade, tinder * ' tkflfnt managetttant, '; and with sufficient capital, would meet wjth speedy and jjreat MSenlopmentiWitb many- parts of-the World with which i|e are at present not in absolutely • direct cbm'mtiuicatibtt \ The objectlof this Company is to proride Tflselfl "%o tradtf in the directions already opened, and others which may from time to *li tim«oierinducements. V'>There is ample room for a well-organised ;new. line between. Auckland and.London, Liverpool and Glasgow; with! New York, and with some of i the larger centres of Continental European trades. Of course, the large and increasing exjport of balk and sawn timber will form an important adjunct. A trade with ~ Tasmania^ Sydney, Melbourne, Adelaide, 4c.,, being alreaoy established, could easily bo con-\-r turned with regularity,. whilst the 'New"s castle and Ghviymouth coal trades should be also proyided for. 4 s,! L '• There ha vast field in prospective for a good tradej with A < erica, Mauritius, China, Manilla, Calcutta, The Capo, Noumea, and nnmerou* foreign pone, with some of which. even at the moment, a profitable „. direct trade ia being jparried ou in a desultory ,-^ manner, %nd i; which would find support from the now indusfrips latoly established here and in pr^sprctiTe establishments. The Company do nob propose to limit themselves/,to ;runmßg[ their own vessels, but * will fronftime to* time' charter vessels when required, in the event of their own not being immediately available. Messrs Stone 8r05.,-]wbo have for some time carried on a good shipping business, and who hare now fairly started a new London line, DOtseßS the nucleus of a fleet suitable for commencing operations, and arrangements have been made to take over their vessels and the goodwill of their shipping business for the sum of thirty thousand six hundred and fifty pounds (£30,650), they taking half the amount in Company's shares. Their fleet, consisting of 8 vessels, with aggregate tonnuge of 2642 tons, should be augmented as soon as possible, so that the business"'may be extended without ;' 'delay,"especially the London and American 'branches; '''"'' " : Theserviosof MrC.B.Stone, asina aging •^director^apa'the staff at present under his : r Control) who" are- experienced in-this line of *' 'basinets,' have been secured to take office under the new Company It is further proposed that Ihe working expenses should be conducted oii strictly : econoaf * ical liyriticipl*s, the expense of agencies and branches to be'defrayed out of commissions on the actual freights earned by those branches. ■ The proposed capital is ret down at £150, 000, but as only a small portion is required at present for the purchase of the existing fleet ; ;and contingent expenses, further capital will not be called upjrotl Tfssels suitable for th.c London and other trades may offer for sale at >easopable prices, until which time it ie pro poetato charter vessels at required to supple-' It is proposed to inviteall Auckland busi-nets-men and all who may have any interest in the trade' of our port to take Shares in thie local Company, .and to give the undertaking ever> possible tot»port." The Company would thus be in a meatar»v' Tse)ffcsnpporting, and „ sjbrongenough,to compete,, mojt, successfully with' any oaft.dsj/.'jbr "foreign <v company, or ' foreign shipping. The Company could then not fail to• be 4 a credit to oar port, and a most lucrative ihvettment to Shareholders. ' The promoters .having every confidence in j 1 the tuocett of the undertaking, now appeul to l the public to ensure it by Bubscribiri£ freely for Shares. "■- ;< J-v;'" -- ; "J ; , } ; ,'' \> -LIST OF VESSELS 1.. " Tons A egister ' Laira, Iron Barque ... 492 Aloestin, Iron Barque 39< "' ... i'arnell,/ WoodSnßrtj»rfntine ' ..."^348 Caberfeidb, Wooden Barque ... 333 -, f Peerless, Wooden Btigautine ...' 2^2, , Bella Mary,,Wpnden BijrquO' ... ' 244" ' Energy, Wooden Thr^c-masted •- ■ .. ,i Sohooofr, , ... S.i ?-. '185 " " V" :<.,- , .jl - '..,)m/J'. [•-• 2642 An,extract Irom the BooUt of Messrs Stone Bros, shows that seven ▼•-ssels of the value of £25,000 yielded an aver»ge monthly profit of '£630, equal to £6360 per annum, exclusive of charge lor Insurance on Hulls/'.,,, ,- '{^ > These figiirW serve'tolsh^w, that,with a larger fleet, 'business/ anp 'more capital, substantial dividends may confidently' beyilfeipated.Q ;„ Tjl^U/,, ,14m J, A. Barber & Co., , CTBTOMS, SHIPPING AND COMMON SION AGrENTS, , A FOBT BTBXIT, AuOKLXKD, AGENTS FOB, BUTTON'S 3TOEEIGN BXPBESS. OACKAGE3 received and' ornarded'to all X ! parts of the world. _ .' Goods of al. description bought and sold on commistion. I{*^ US^6k& yOßMS.^rWjuibea 'Known- on i ' SALB .»t.tlw Wim Stak O»noi AlberVsWt,to«mstownriNWAEDg and Q^?Sa^OABTyiB» FO»MB ■ pfc#"'?.7P.* i,.<■ *^i\f- /(f""f
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/THS18830619.2.24.1
Bibliographic details
Ngā taipitopito pukapuka
Thames Star, Volume XIV, Issue 4510, 19 June 1883, Page 4
Word count
Tapeke kupu
973Page 4 Advertisements Column 1 Thames Star, Volume XIV, Issue 4510, 19 June 1883, Page 4
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.